Supply Chain Research

South Korean ports handled 2% fewer containers on a year earlier in February, the first drop since September when Hanjin Shipping’s financial failure started. While this was partly the result of a 13% drop in transshipments, it did still contrast with a 20% rise in exports and a 24% jump in imports for the month. That may be explained by the bulk of the export gains being in electronics, which tend to be moved by air. Busan, which accounted for 74% of handling, saw a 4% contraction, suggesting it has continued to lose out to Inchon and Kwangyang. That’s a similar pattern for large-vs-sma...